Skip to main content
Certified Public Accountants
Back to News

2018 Standard Mileage Rates Released

The IRS has announced that the business standard mileage rate for transportation expenses paid or incurred beginning January 1, 2018, will be 54.5 cents per mile, up 1 cent from the 53.5 cents-per-mile rate in effect during 2017 [Notice 2018-03, released 12-14-17].